KPMG Al Fozan & Partners has signed an agreement to establish its new headquarters at the Business Front project located on King Khalid International Airport Road in Riyadh, Saudi Arabia.

Khalil Al Sedais, managing partner of KPMG’s Riyadh office, signed the agreement on behalf of KPMG in Saudi Arabia while Kaden Investments Company, the master developer of the Business Front Project, was represented by Abdullah Al Fassam, chief executive officer of the company.

Abdullah Hamad Al-Fozan, chairman of KPMG MESA and KPMG Saudi Arabia; Hezam Salman Bin Saedan, Board Member of Kaden Investments Company; Eng. Mohammad Fayez Al-Derjem, Board Member of KADEN Investments; and a number of officials attended the signing ceremony from both sides.

Commenting on the signing of the agreement, Al-Fozan said: "This move is in line with the company's strategic objectives and expansion plans in the Saudi market and will cater to the growing number of KPMG employees in the Kingdom. Their numbers in the first quarter of this year reached about 1,200 employees, including 500 Saudi employees who provide a number of services in the fields of Auditing, Advisory, Zakat and Tax.

Al Sedais added: "The new headquarters at the Business Front project was chosen to fulfil KPMG’s future needs in the medium and long-term and provide the appropriate mechanism for future expansion. He further mentioned that the new headquarters whose space exceeds 11000-sq-m will contribute to the creation of a unique work environment with the purpose of improving performance and enhance the level of customer experience. - TradeArabia News Service